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TREVIK TREVIGroup Conference call on 1H26 Results August 6th , 2026
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This document has been prepared by and is the sole responsibility of Trevi Finanziaria Industriale S.p.A. (the “Company”) for the sole purpose described herein.The information contained herein does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States, Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful (the “Other Countries”). Neither this document nor any part of it nor the fact of its distribution may form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. The securities referred to herein, nor any portion thereof, have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the“Securities Act”), or pursuant to the corresponding regulations in force in the Other Countries and may not be offered or sold in the United States or to U.S. persons unless such securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. Accordingly, unless an exemption under applicable law is available, the securities may not be offered, sold, resold, delivered or distributed, directly or indirectly, in any jurisdiction where doing so would constitute a violation of applicable law or would give rise to a registration requirement in such jurisdiction. The content of this document has a merely informative and provisional nature and is not to be construed as providing investment advice. This document does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129 (as amended), offering circular or offering memorandum or an offer to acquire any shares and should not be considered as a recommendation to subscribe or purchase shares. Neither this presentation nor any other documentation or information (or any part thereof) delivered shall be deemed to constitute an offer of or an invitation by or on behalf of the Company. Any public offering will be conducted in Italy exclusively on the basis of a prospectus approved by the Commissione Nazionale per le Società e la Borsa(“CONSOB”), in accordance with applicable regulatory provisions. The information contained herein does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this document. The statements contained herein have not been independently verified. No representation or warranty, either express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, correctness or reliability of the information contained herein. Neither the Company nor any of its representatives shall accept any liability whatsoever (whether in negligence or otherwise) arising in any way in relation to such information or in relation to any loss arising from its use or otherwise arising in connection with this presentation. The financial institution acting as sole global coordinator in connection with the Rights Issue referred to herein and the respective directors, officers, employees, advisors and agents assume no responsibility and make no representation or warranty, express or implied, as to the truthfulness, accuracy or completeness of the information contained herein relating to the Company, its subsidiaries or affiliates, nor for any loss howsoever arising from or in connection with the use of this document or its contents. Such persons will not regard any person as their client in relation to the Rights Issue referred to herein and will not be responsible to anyone other than the Company for the protections normally afforded to their clients, nor for providing advice in relation to the Rights Issue, the content of this document or any other matter or arrangement referred to herein. The information contained in this document, unless otherwise specified is only current as of the date of this document. Unless otherwise stated in this document, the information contained herein is based on management information and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. The Company may alter, modify or otherwise change in any manner the content of this document, without obligation to notify any person of such revision or changes. This document may not be copied and disseminated in any manner. The distribution of this document and any related presentation in other jurisdictions than Italy may be restricted by law and persons into whose possession this document or any related presentation comes should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws for any such other jurisdiction. By attending this presentation or otherwise accessing these materials, you agree to be bound by the foregoing limitations. This presentation includes certain forward looking statements, projections, objectives and estimates reflecting the current views of the management of the Company with respect to future events. Forward looking statements, projections, objectives, estimates and forecasts are generally identifiable by the use of the words “may”, “will”, “should”, “plan”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “goal” or “target” or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without limitation, those regarding the Company’s future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where the Company participates or is seeking to participate. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements as a prediction of actual results. The Group’s ability to achieve its projected objectives or results is dependent on many factors which are outside management’s control. Actual results may differ materially from (and be more negative than) those projected or implied in the forward-looking statements. Such forward looking information involves risks and uncertainties that could significantly affect expected results and is based on certain key assumptions. All forward-looking statements included herein are based on information available to the Company as of the date hereof. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Disclaimer 2
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Extensive international experience in managing complex Offshore and Onshore EPC contracts across several countries, not only in the Oil & Gas sector but also in major infrastructure projects, including high-speed rail, industrial railways, large civil works, jetties, ports and major geotechnical interventions A leading team with recognized experience Nearly 20 years of experience across numerous assignments in different countries, assuming progressively greater responsibilities within large industrial organizations focused primarily on long-term projects. More recently, serving as Group CFO of a leading company specializing in services for the maritime and energy industries 3 Giuseppe Caselli Group CEO (since Oct. 1st, 2019) Vincenzo Auciello Group CFO (since Jan. 7th, 2025)
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I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability Agenda
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5 Stronger balance sheet, record backlog and accelerating growth trajectory Record commercial momentum Revenue trajectory underway Profitability and financial strength 1H26 key figures €424 m Order intake €928 m Record backlog €92 m Net Debt strongly reduced 14.8% Rec. EBITDA margin +60bps H/H FY26 Guidance: confirmed Trevi enters 2H26 with record backlog, improved financial strength and growing visibility on future operating performance ▪ €424 m order intake in 1H26 with 1.6x Book-to-Bill ratio ▪ €928 m backlog, the highest level recorded by the Group(*) ▪ Diversified awards across key geographies and end-markets ▪ 1H26 Revenue reflect expected projects phasing, as already announced in our previous communications ▪ 2Q26 Revenue: acceleration vs 1Q26 figures ▪ Recently awarded projects expected to support 2H26 and FY27 Revenue ▪ Recurring EBITDA margin improved to 14.8% ▪ Rights Issue completed and refinancing funded at the beginning of July ▪ Net Debt reduced to approximately €92 m at 30-Jun-26 (leverage ratio at 1.13x) (*) Highest level since the exit from the Oil & Gas business
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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7 New Financing Structure overview FINANCIAL TRANSFORMATION COMPLETED. TREVI ENTERS A NEW PHASE OF GROWTH WITH A STRENGTHENED CAPITAL STRUCTURE 100% of Rights Issue Fully subscribed by the market Debt refinancing successfully completed Rights Issue €100 m ▪ Rights Issue successfully completed (100%) ▪ No take-up required from the underwriting syndicate ▪ All new shares subscribed by market investors ▪ Full pro-rata participation from cornerstone shareholders (CDP and Polaris) Refinancing €180 m ▪ €180 m long-term refinancing successfully funded by a pool of leading financial institutions ▪ Existing restructuring debt fully repaid ▪ Long-term financing platform established through 2031 Bonding lines & short-term facilities ▪ More than €170 m of committed bonding facilitiessecured ▪ Over €70 m of committed operating credit facilitiessecured ▪ Financial resources in place to support future business growth and projects execution
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8 Financial transformation completed – Net Debt reduced at €95 m (€m) 31-Dec-25 30-Jun-26 30-Jun-26 Pro-Forma(*) Cash & Liquidity 98.1 179.8 106.2(*) Other current assets €1.4 2.8 €2.8 Short-term debt 269.2 265.1 20.4(*) Long-term debt 17.7 9.6 183.6 Gross Debt 286.9 274.7 €204.0 Net Debt 187.4 €92.1 €95.0 Net Debt / LTM Rec. EBITDA 2.19x 1.13x 1.17x (*) 30-Jun-26 Pro-Forma figures exclude (i) €50 m of minibond from short-term debt, due on 31-Dec-26, and (ii) €50 m of cash deposited in escrow account to serve minibond repayment obligations. In addition, Pro-Forma Cash & Liquidity is net of c. €12 m of one-off costs related to refinancing package, paid after 30-Jun-26 Financing package completion materially strengthens the balance sheet and enhances financial flexibility to support Group growth Strengthened financial position Impact of the completed financing package €95 m Net Debt at 30-Jun-26 Pro-Forma Net Debt / LTM Rec. EBITDA 1.17x 1H26 Pro-Forma 2.19x FY25
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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10 1H26 results reflect expected projects phasing effect 1H24 1H25 1H26 P & L P E R F O R M A N C E Revenue €262.3 m -6.4% €312.2 m +19.0% €270.9 m -13.2% Rec. EBITDA (Rec. EBITDA margin) €26.9 m (10.2%) -17.2% €44.3 m (14.2%) +64.9% €40.0 m (14.8%) -9.6% Adj. Net Profit €5.4 m(*) +25.6% €11.3 m(*) +109.3% €12.7 m(*) +12.2% N E T D E B T Net Debt €207.7 m +€20.6 m €190.4 m -€17.3 m €92.1 m -€98.3 m Leverage Ratio(**) 3.0x +0.5x 1.9x -1.1x 1.1x -0.8x (*) Total Net Profit adjusted for 2022 financial restructuring impact (**) Leverage Ratio = Net Debt / LTM Rec. EBITDA Δ H/H Δ H/H Δ H/H
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11 Strong commercial momentum driven by diversified project awards The quality and geographical diversification of awards reinforce Trevi's positioning in attractive infrastructure and industrial end-markets (*) Net of intercompany orders €424 m(*) 1H26 Group order intake well above 1H25 +21% Growth vs 1H25 €424 m vs €350 m 1.6x Book-to-Bill outpacing revenue €363 m Trevi Division contributor to 1H26 Intake €74 m Soilmec Division continued contribution Order intake trend by semester (€m) Commercial acceleration visible across the last five semesters Selected 1H26 projects by region ▪ USA – Manhattan Jail ▪ USA – Washington Bridge Project North America Middle East Europe 293 312 350 384 424 1H24 2H24 1H25 2H25 1H26 ▪ Italy – CISA – Taranto Desalination Plant ▪ Italy – Pedelombarda Nuova ▪ Italy – Garisenda phase 2 ▪ Spain – Madrid Metro L11▪ UAE – Taziz Salt Project ▪ UAE – Solaya Project ▪ UAE – Amman Resort Hotel ▪ Oman – Azura Beach Asia Pacific ▪ Papua New Guinea – PNG Near Shore Barrier ▪ Indonesia - New quay work construction ▪ Philippines – SEMME ▪ Philippines – South Commuter Railway CPS- 07 Africa (Nigeria): Banana Island, Ikoyi and Lekki, as well as industrial facilities in Port Harcourt
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Record backlog at €928 m supports strong revenue visibility and future growth 12 Backlog evolution (€m) Backlog by geography Europe 34% Far East & Other 24% North America 17% Middle East & Asia 17% Africa 6% LATAM 2% €928 m(*) Backlog at 30-Jun-26 Record level +24% Growth vs FY25 €928 m vs €748 m +€180 m Increase vs FY25 Strong focus on new projects c. 90% Backlog coverage of FY26 revenue 587 720 701 652 748 928 31.12.22 31.12.23 31.12.24 30.06.25 31.12.25 30.06.26 Record Backlog conversion supports short and medium-term Revenue development Diversified international footprint reduces dependence on any single market 34% Europe exposure Largest region in the mix (*) Net of intercompany orders The Group enters 2H26 with a stronger backlog, diversified international exposure and substantial revenue coverage supporting future performance
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Revenue growth trajectory underway, with increasing profitability 13 1H26 snapshot Revenue in line with expectations, margins expansion delivered ▪ Lower revenue reflect expected projects timing ▪ Rec. EBITDA margin improved thanks to operational efficiency Revenue acceleration in 2026 2Q26 confirms an improving revenue trajectory, as backlog starts converting 117,6 153,3 117.6 153.3 270.9 1Q26 2Q26 1H26 +30.3% QoQ +30.3% Profitability remained strong Rec. EBITDA resilient in 1H26 €40.0m Rec. EBITDA 14.8% Margin +60 bps Rec. EBITDA margin improved vs 1H25 Metric 1H25 1H26 YoY Revenue 312.2 270.9 (13.2%) Rec. EBITDA 44.3 40.0 (9.6%) Rec. EBITDA margin 14.2% 14.8% +60bps Revenue growth trajectory already underway in 2Q26 €24.1m Rec. EBITDA 15.7% Margin +51.6% Rec. EBITDA improved vs 1Q26 Strong Rec. EBITDA in 2Q26 Revenue phasing is temporary Commercial momentum and backlog conversion support improving trajectory
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14 EUROPE Division % revenue 30.2% 27.5% Trevi Group 1H26 Revenue – Continued focus on keeping a well diversified geographical footprint FAR EAST Division % revenue 9.0% 28.7% MIDDLE EAST Division % revenue 33.8% 13.1% AFRICA Division % revenue 7.2% 1.5% NORTH AMERICA Division % revenue 12.9% 18.4% LATAM Division % revenue 6.9% 10.9%
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Trevi Division – Revenue phasing with a record backlog at the end of June 15 Record order intake and backlog provide a more balanced platform for revenue acceleration in 2H26 Profitability remains at structurally solid levels 42.9 36.1 1H25 1H26 -15.9% 1H26 Rec. EBITDA vs 1H25 Expected timing effect €363 m Order intake +€74 m vs 1H25 €888 m Order backlog +€165 m vs FY25 260.5 224.8 1H25 1H26 Revenue 2026 (€m) Different phasing profile compared with 1H25 Recurring EBITDA 2026 (€m) Margin resilience despite temporary revenue phasing 1H26 reflects ramp-up of broader and more geographically diversified portfolio, reducing dependence on single project or region Profitability remains solid -13.7% 1H26 Revenue vs 1H25 Different projects phasing 16.0% Rec. EBITDA margin Resilient profitability 16.5% 16.0%
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Soilmec Division – Strong margin growth and solid 2H26 Revenue outlook 16 Lower revenue more than offset by stronger profitability, demonstrating the effectiveness of Soilmec strategic and operational initiatives 4.7 5.3 1H25 1H26 62.9 56.2 1H25 1H26 Revenue 2026 (€m) Recurring EBITDA 2026 (€m) Backlog expected to convert substantially during 2H26 Improved mix and production efficiencies driving higher margins Revenue profile reflects delivery timing Margin growth confirms strategic actions +13.1% 1H26 Rec. EBITDA vs 1H25 €5.3 m vs €4.7 m €74 m Order intake stable vs 1H 2025 9.4% Rec. EBITDA margin +190 bps vs 1H25 -10.7% 1H26 Revenue vs 1H25 Delivery timing effect €47 m Order backlog +€4 m vs 1H25 7.5% 9.4%
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17 1H26 Consolidated Income Statement (€m) 1H25 1H26 Delta Total Revenue 312.2 270.9 (41.3) Recurring EBITDA 44.3 40.0 (4.3) % on revenue 14.2% 14.8% 0.6% Non-recurring expenses - revenue (0.9) (1.0) (0.1) EBITDA 43.5 39.0 (4.5) Depreciation & amortisation (14.7) (13.1) 1.6 Provisions & impairment losses (1.2) (1.4) (0.2) EBIT 27.5 24.5 (3.0) Financial Income (expenses) (14.0) (12.2) 1.8 Exchange Gains/(losses) 1.1 1.2 0.1 EBT 14.6 13.5 (1.1) Income taxes (8.5) (6.3) 2.2 Net Profit 6.1 7.2 1.1 Net Profit (post minorities) 6.1 5.8 (0.3) Adj. Net Profit(*) 11.3 12.7 1.4 Key highlights improving operating and net profitability €7.2 m Net Profit in 1H26 (+18.0% H/H) Net Profit at €7.2 m (+18.0% vs 1H25), as a result of lower D&A, financial expenses and taxes Rec. EBITDA margin 14.8% 1H26 14.2% 1H25 €12.7 m Adj. Net Profit in 1H26 (+12.2% H/H) (*) Total Net Profit adjusted for 2022 financial restructuring impact
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Positive FCFO despite temporary working capital absorption €5.1 m FCFO in 1H26 Positive despite WC absorption c. €15 m 2Q26 implied FCFO(*) Recovery vs negative 1Q26 €40.0 m Recurring EBITDA Solid operating result 2H26 Expected improvement WIP conversion into billing Temporary working capital effect ▪ 2Q26 WIP increase driven by strong operating activities in May and June ▪ WIP expected to be billed starting from July ▪ Working capital absorption expected to normalize during 2H26 Timing effect, not structural deterioration FCFO progression in 1H26 (€m) -9.5 +14.6 5.1 1Q26 2Q26 1H26 2Q positive recovery in cash conversion 1H26 Rec. EBITDA to FCFO (€m) 40.0 -3.6 -6.6 -14.6 -10.2 5.1 Rec. EBITDA IFRS 16 effect Taxes (payed) Δ Net Trade WC & Other Net CAPEX Free Cash Flow From Operations 18NOTE: WC stands for Working Capital and WIP for Work-in-progress (Inventories) (*) FCFO refers to Free Cash Flow to Firm, representing cash flow generated before interest expense and debt repayments FCFO remained positive despite temporary WC absorption, supported by 2Q26 strong recovery
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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20(*) IFRS9 impact refers to 2022 financial restructuring package, which will end its effects in 2H26 Group Revenue €640-670 m ▪ Revenue acceleration expected in 2H26 supported by solid backlog and c.90% FY26 revenue coverage already secured ▪ Recently awarded projects expected to contribute more meaningfully during 2H26 ▪ Both Trevi and Soilmec Divisions expected to support revenue progression in line with plan Group Rec. EBITDA €70-80 m ▪ 1H26 Rec. EBITDA already above 50% of FY26 projection ▪ Guidance confirmed reflecting expected projects execution profile for 2H26 Net Debt €90-100 m ▪ Net Debt broadly stable vs 1H26. Positive operating cash flow offsetting negative IFRS9(*) and refinancing costs impacts ▪ Strong capital structure maintained with leverage consistent with current levels, while preserving the flexibility to evaluate selective opportunities in niche clusters 2026 Guidance confirmed as commercial momentum translates into operational performance
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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22 Closing Remarks 100% Rights Issue Financing Package completed €928 m Backlog 1H26 Results Record level €180 m Long-term refinancing Financing Package successfully funded €270.9 m Revenue 1H26 Results In line with project phasing 14.8% Rec. EBITDA Margin 1H26 Results +60 bps vs 1H25 Confirmed Guidance 2026 Outlook Revenue, Rec. EBITDA, Net Debt
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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Profit & Loss Trevi Group €m 1H 2026 1H 2025 Delta TOTAL REVENUE 270.9 312.2 (41.3) Change in finished products and work in progress 2.8 1.4 1.4 Internal work capitalised 5.8 6.4 (0.6) PRODUCTION REVENUE 279.5 320.0 (40.5) Consumption of raw materials and external services (175.4) (208.7) 33.3 VALUE ADDED 104.1 111.3 (7.2) Personnel expense (64.1) (67.0) 2.9 RECURRING EBITDA 40.0 44.3 (4.3) % 14.8% 14.2% 0.6% Non-recurring expenses – revenue (1.0) (0.9) (0.2) EBITDA 39.0 43.5 (4.5) Depreciation and amortisation (9.8) (11.0) 1.1 Depreciation and amortisation IFRS16 (3.3) (3.8) 0.5 Provisions and impairment losses (1.4) (1.2) (0.2) OPERATING PROFIT/(LOSS) (EBIT) 24.5 27.5 (3.0) Financial income/(expense) (12.2) (14.0) 1.8 Exchange Gains/(Losses) 1.2 1.1 0.1 Adjustments to financial assets (0.0) (0.0) (0.0) PROFIT/(LOSS) BEFORE TAXES 13.5 14.6 (1.1) Loss from assets held for sale 0.0 0.0 0.0 Current Taxes (8.0) (8.0) (0.0) Defferred Taxes 1.7 (0.5) 2.2 Income taxes (6.3) (8.5) 2.2 PROFIT/LOSS FOR THE PERIOD 7.2 6.1 1.1 Attributable to: Owners of the Parent 5.8 6.1 (0.3) Non-controlling interests 1.5 0.0 1.4 PROFIT/LOSS FOR THE PERIOD 7.2 6.1 1.1 Trevi Group – Consolidated Income Statement 24
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Balance Sheet Trevi Group €m 30/06/2026 30/06/2025 Delta Property, plant and equipment 161.8 158.0 3.8 Intangible fixed assets and goodwill 15.5 15.9 (0.3) Financial assets – Investments 0.5 0.5 (0.0) Non-current assets 177.8 174.3 3.5 Inventories 109.2 101.6 7.7 Inventories (WIP) 144.9 126.9 18.0 Trade receivables 131.3 129.1 2.2 Trade payables (-) (156.6) (135.8) (20.8) Payments on account (60.0) (52.0) (8.0) Other assets (liabilities) (0.3) (13.4) 13.1 Net working capital 168.6 156.4 12.2 Assets held for sale and liabilities associated with assets held for sale - - - Invested capital, less current liabilities 346.5 330.8 15.7 Employee benefits (10.3) (10.3) (0.0) NET INVESTED CAPITAL 336.2 320.5 15.7 Financed by: Equity/(Deficit) attributable to the owners of the parent 244.5 136.6 108.0 Deficit attributable to non-controlling interests (0.5) (3.5) 3.0 Net financial position 92.1 187.4 (95.3) TOTAL SOURCES OF FINANCING (G+H+I) 336.2 320.5 15.7 Trevi Group – Consolidated Reclassified Balance Sheet 25
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Free Cash Flow €m 1H 2026 1H 2025 Delta Recurring EBITDA (including IFRS 16 effect) 40.0 44.3 (4.3) IFRS 16 Effect (3.6) (4.3) 0.7 Taxes (payed) (6.6) (5.3) (1.3) Delta Net Working Capital (1.6) (6.6) 5.0 Trade receivable (7.4) 1.8 (9.2) Trade payables 13.4 (11.3) 24.7 Inventory (5.7) 0.3 (6.1) Advances (1.9) 2.6 (4.4) Delta other assets/liabilities (13.0) 13.1 (26.1) Delta severance fund (0.8) (1.0) 0.2 Delta tax fund (0.0) 0.3 (0.3) Delta risk fund (6.1) (3.5) (2.7) Delta other assets/liabilities (6.0) 17.3 (23.3) CAPEX Net (10.2) (9.1) (1.1) Free Cash Flow from Operations 5.1 32.1 (27.0) Extraordinary Items (1.0) (0.9) (0.2) Free Cash Flow from Operations after extraordinary items 4.0 31.2 (27.2) Delta in Financial Asset/Liability (19.6) (14.6) (5.1) Acquisition cash-out - - - Equity 100.4 0.1 100.3 Interest & Fees (4.9) (8.7) 3.8 Dividends cash out - (0.6) 0.6 Exchange rate effects on Cash&Cash Equivalent 2.0 (9.1) 11.1 Net Cash Flow 81.8 (1.7) 83.5 Trevi Group – Consolidated Cash Flow Statement 26
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Agenda I. Executive summary II. New Financing Package Completed III. 1H26 Results IV. Guidance 2026 V. Closing remarks Appendix I: 1H26 Financial Statement Tables Appendix II: Sustainability
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Trevi Group Sustainability recognition 28 In 2025, Trevi Group was listed for the first time among Europe's Climate Leaders by Financial Times and Statista Trevi S.p.A. obtained a positive Synesgy ESG rating, confirming its commitment to responsible and transparent business practices For the fourth consecutive year, Trevi Group received the Sustainability Leader Award from Il Sole 24 Ore and Statista Key certifications obtained include SA8000, ISO 30415, UNI/PdR 125, ISO 37001, and ISO/IEC 27001, reflecting ethical governance The Group also earned the ESG Identity Corporate Index (ICI Company Label) for the fourth year in a row Trevi S.p.A. retained its EcoVadis Silver Medal for the fourth consecutive year, while Trevi Group earned a Bronze Medal in its first EcoVadis assessment, recognizing performance across sustainability, ethics, labour & human rights, and sustainable procurement Trevi Finanziaria Industriale was included among the Top 75 ESG Integrated Finance companies in the 2025 Sustainability Award Trevi S.p.A. received DNV ESG Recognition for the first time, confirming certified management systems across all three ESG dimensions
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▪ Promoting the decarbonisation strategy against climate change ▪ GHG emissions reduced to 0.0044 tons of CO ₂ per hours worked by 31 December 2025 GHG reduction ▪ Promoting the protection of health and safety of employees and third parties ▪ At the end of 2025, the result was 1.9 LTIR (lost time incident rate), in line with the annual target Accident reduction ▪ Policies to select suppliers through fair and transparent processes, integrated with sustainability criteria Supply chain ▪ Programs dedicated to safety culture and skills that best meet new market demands Training ▪ New Certification for Anti-Bribery (ISO 37001:2025), Diversity & Inclusion (ISO30415) and Data protection – Cloud (ISO27017) ▪ Improvement of products & processes to enhance business through technology innovation Certifications, ERP & Digitalisation 29 Trevi Group sustainable target achieved